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Code of Federal Regulations Title 49. Transportation § 49.387.323T Electronic filing of surety bonds, trust fund agreements, certificates of insurance and cancellations

Current as of October 02, 2022 | Updated by FindLaw Staff

<Text of section added by 82 FR 5309, retroactively effective Jan. 14, 2017.>

(a) Insurers may, at their option and in accordance with the requirements and procedures set forth in paragraphs (a) through (d) of this section, file forms BMC 34, BMC 35, BMC 36, BMC 82, BMC 83, BMC 84, BMC 85, BMC 91, and BMC 91X electronically, in lieu of using the prescribed printed forms.

(b) Each insurer must obtain authorization to file electronically by registering with the FMCSA. An individual account number and password for computer access will be issued to each registered insurer.

(c) Filings may be transmitted online via the Internet at:  http://fhwa-li.volpe.dot.gov or via American Standard Code Information Interchange (ASCII). All ASCII transmission must be in fixed format, i.e., all records must have the same number of fields and same length. The record layouts for ASCII electronic transactions are described in the following table:

Electronic Insurance Filing Transactions

Field name

Number of positions

Description

Required

Start field

End field

F = filing

C = cancel

B = both

Record type

1 Numeric

1 = Filing, 2 = Cancellation

B

1

1

Insurer number

8 Text

FMCSA Assigned Insurer Number (Home Office) With Suffix (Issuing Office), If Different, e.g., 12345-01

B

2

9

Filing type

1 Numeric

1 = BI&PD, 2 = Cargo, 3 = Bond, 4 = Trust Fund

B

10

10

FMCSA docket number

8 Text

FMCSA Assigned MC or FF Number, e.g., MC000045

B

11

18

Insured legal name

120 Text

Legal Name

B

19

138

Insured d/b/a name

60 Text

Doing Business As Name If Different From Legal Name

B

139

198

Insured address

35 Text

Either street or mailing address

B

199

233

Insured city

30 Text

B

234

263

Insured state

2 Text

B

264

265

Insured zip code

9 Numeric

(Do not include dash if using 9 digit code)

B

266

274

Insured country

2 Text

(Will default to U.S.)

B

275

276

Form code

10 Text

BMC-91, BMC-91X, BMC-34, BMC-35, etc

B

277

286

Full, primary or excess coverage

1 Text

If BMC-91X, P or E = indicator of primary or excess policy; 1 = Full under § 387.303T(b)(1); 2 = Full under § 387.303T(b)(2)

F

287

287

Limit of liability

5 Numeric

$ in Thousands

F

288

292

Underlying limit of liability

5 Numeric

$ in Thousands (will default to $000 if Primary)

F

293

297

Effective date

8 Text

MM/DD/YY Format for both Filing or Cancellation

B

298

305

Policy number

25 Text

Surety companies may enter bond number

B

306

330

(d) All registered insurers agree to furnish upon request to the FMCSA a duplicate original of any policy (or policies) and all endorsements, surety bond, trust fund agreement, or other filing.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 49. Transportation § 49.387.323T Electronic filing of surety bonds, trust fund agreements, certificates of insurance and cancellations - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-49-transportation/cfr-sect-49-387-323t/

Read this complete Code of Federal Regulations Title 49. Transportation § 49.387.323T Electronic filing of surety bonds, trust fund agreements, certificates of insurance and cancellations on Westlaw

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